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Financial News

Donald Trump to hold another Mar-a-Lago lunch for his token holders

Donald Trump to hold another Mar-a-Lago lunch for his token holders

3 months ago by Crypto InsightsCrypto

Holders of the $TRUMP token will have another opportunity to dine with the U.S. President after the company behind the token announced a “gala luncheon” with Donald Trump set for late next month. The luncheon, scheduled for April 25, comes just under a year after… Read More

Eightco shares jump $125 million funding commitment from Btmine, ARK, Kraken parent Payward

Eightco shares jump $125 million funding commitment from Btmine, ARK, Kraken parent Payward

3 months ago by Crypto InsightsCrypto

Eightco Holdings’ (ORBS) shares rose as much as 25% in early trading after the firm said it secured $125 million in new institutional funding commitments and made $75 million in AI and crypto investments. The commitments include $75 million from Bitmine Immersion Technologies (BMNR), an… Read More

Asia’s biggest bitcoin buyer now wants to build the BTC ecosystem

Asia’s biggest bitcoin buyer now wants to build the BTC ecosystem

3 months ago by Crypto InsightsCrypto

Metaplanet, Asia’s largest publicly listed bitcoin holder, isn’t just buying bitcoin BTC$69,483.55 anymore but wants to build the ecosystem around it. The Tokyo-listed company, which holds 35,102 BTC, announced Thursday the creation of Metaplanet Ventures K.K., a wholly-owned subsidiary that will invest in companies building… Read More

SEC, CFTC end years of rivalry with deal that will mean combined crypto oversight

SEC, CFTC end years of rivalry with deal that will mean combined crypto oversight

3 months ago by Crypto InsightsCrypto

The U.S. markets regulators are melding their operations in the places where the duties of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) overlap, and building a crypto oversight framework is listed among the core aims of a written agreement… Read More

Bloomberg strategist doubles down on $10,000 bitcoin call but peers say its ‘silly’

Bloomberg strategist doubles down on $10,000 bitcoin call but peers say its ‘silly’

3 months ago by Crypto InsightsCrypto

Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall below that level, an outlook several market analysts said would require an extreme macroeconomic shock. In an interview with EllioTrades, McGlone… Read More

Coinbase-backed AI payments protocol wants to fix micropayment but demand is just not there yet

Coinbase-backed AI payments protocol wants to fix micropayment but demand is just not there yet

3 months ago by Crypto InsightsCrypto

Since the emergence of ChatGPT and chatbots, the artificial intelligence (AI) hype has evolved into “agentic payments,” billed as the next wave of internet commerce in which humans won’t be transacting. It will be AI agents paying each other: The idea is simple: build automated… Read More

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